Gross value added at basic prices (GVA) in Maldives
Maldives: Gross value added at basic prices (GVA) was 94.74 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Maldives, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Maldives stood at 94.74 billion constant LCU. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 63.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Maldives peaked at 94.74 billion constant LCU in 2025 and was at its lowest, 20.20 billion constant LCU, in 1995.
Maldives ranks 129th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) in Maldives, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 20.20 billion constant LCU | — |
| 1996 | 21.68 billion constant LCU | +7.3% |
| 1997 | 23.45 billion constant LCU | +8.2% |
| 1998 | 25.25 billion constant LCU | +7.7% |
| 1999 | 26.77 billion constant LCU | +6.0% |
| 2000 | 27.78 billion constant LCU | +3.8% |
| 2001 | 26.59 billion constant LCU | -4.3% |
| 2002 | 28.59 billion constant LCU | +7.5% |
| 2003 | 32.70 billion constant LCU | +14.4% |
| 2004 | 34.45 billion constant LCU | +5.4% |
| 2005 | 31.44 billion constant LCU | -8.8% |
| 2006 | 38.12 billion constant LCU | +21.3% |
| 2007 | 40.77 billion constant LCU | +6.9% |
| 2008 | 44.35 billion constant LCU | +8.8% |
| 2009 | 41.29 billion constant LCU | -6.9% |
| 2010 | 43.62 billion constant LCU | +5.7% |
| 2011 | 46.71 billion constant LCU | +7.1% |
| 2012 | 47.84 billion constant LCU | +2.4% |
| 2013 | 51.09 billion constant LCU | +6.8% |
| 2014 | 55.13 billion constant LCU | +7.9% |
| 2015 | 58.03 billion constant LCU | +5.2% |
| 2016 | 62.03 billion constant LCU | +6.9% |
| 2017 | 66.36 billion constant LCU | +7.0% |
| 2018 | 72.15 billion constant LCU | +8.7% |
| 2019 | 77.25 billion constant LCU | +7.1% |
| 2020 | 54.02 billion constant LCU | -30.1% |
| 2021 | 72.11 billion constant LCU | +33.5% |
| 2022 | 82.42 billion constant LCU | +14.3% |
| 2023 | 86.38 billion constant LCU | +4.8% |
| 2024 | 89.68 billion constant LCU | +3.8% |
| 2025 | 94.74 billion constant LCU | +5.7% |
Maldives compared with similar countries
- Maldives's 94.74 billion constant LCU is below the median for upper middle income countries, which is 504.09 billion constant LCU, 19% of the median. (57 countries reporting)
- Maldives's 94.74 billion constant LCU is below the median for South Asia, which is 7.34 trillion constant LCU, 1% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -30.1% | 77.25 billion constant LCU | 54.02 billion constant LCU |
| 2021 | +33.5% | 54.02 billion constant LCU | 72.11 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.47 billion constant LCU | 20.20 billion constant LCU | 26.77 billion constant LCU | 5 |
| 2000s | 34.61 billion constant LCU | 26.59 billion constant LCU | 44.35 billion constant LCU | 10 |
| 2010s | 58.02 billion constant LCU | 43.62 billion constant LCU | 77.25 billion constant LCU | 10 |
| 2020s | 79.89 billion constant LCU | 54.02 billion constant LCU | 94.74 billion constant LCU | 6 |
Countries ranked near Maldives
More economy & growth data for Maldives
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Maldives?
- Gross value added at basic prices (gva) in Maldives was 94.74 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Maldives?
- The highest recorded value was 94.74 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Maldives?
- The lowest recorded value was 20.20 billion constant LCU in 1995.
- How does Maldives rank for gross value added at basic prices (gva)?
- Maldives ranks 129th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Maldives?
- Over the last ten years it is up 63.3%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.